More than 700 rural U.S. hospitals are at risk of closure due to
financial problems, with more than half of those hospitals at immediate
risk of closure.
Alabama
27 hospitals at risk of closing (53%)
23 at immediate risk of closing in next 2-3 years (45%)
The count comes from the latest analysis
from the Center for Healthcare Quality and Payment Reform, which is
based on CMS's October 2024 hospital financial information. The center's
analysis reveals two distinct levels of vulnerability among rural
healthcare facilities: risk of closure and immediate risk of closure.
In the first category, nearly every state has hospitals at risk of
closure, measured by financial reserves that can cover losses on patient
services for only six to seven years. In over half the states, 25% or
more of rural hospitals face this risk, with 10 states having a majority
of their rural hospitals in jeopardy.
The report also analyzes hospitals facing immediate threat of closure
meaning financial reserves could offset losses on patient services for
two to three years at most. Currently, 364 rural hospitals are at
immediate risk of shutting down due to severe financial difficulties.
SOURCE: https://www.beckershospitalreview.com/finance/705-hospitals-at-risk-of-closure-state-by-state-november-2024.html?utm_medium=email&utm_content=newsletter